U.S. oil and gas rig count was unchanged for the second consecutive week, holding at 588 for the week ending September 4 according to Baker Hughes data, as one-rig gains in the Permian and Niobrara were matched by one-rig declines in Appalachia and the Gulf of Mexico. Oil-directed rigs edged up to 449 (+2) while gas-directed rigs slipped to 130 (-2) and miscellaneous rigs were unchanged at 9. Total U.S. rig count is up 25 over the last 90 days and now stands 51 rigs above this week in 2025.
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- Analyst Insight
U.S. Rig Count Up Three to 591; Bakken Leads Gains With Unexpected Five-Rig Jump
U.S. oil and gas rig count gained three rigs to 591 for the week ending September 11 according to Baker Hughes data, as gains in the Bakken (+5), the Eagle Ford (+1) and the Niobrara (+1) more than offset a one-rig decline in Gulf of Mexico and a three-rig decline in All Other.
- Analyst Insight
U.S. Rig Count Unchanged at 588; Gas Rigs Approach February High as Oil Retreats
U.S. oil and gas rig count was unchanged at 588 for the week ending August 28 according to Baker Hughes data, as one-rig gains in the Haynesville and All Other were offset by one-rig declines in Appalachia and the Gulf of Mexico.
- Analyst Insight
U.S. Rig Count Unchanged at 588; Permian Gains Offset by Other Declines
U.S. oil and gas rig count was unchanged at 588 for the week ending August 7 according to Baker Hughes data, as a three-rig gain in Permian and a one-rig gain in Gulf of Mexico were offset by a one-rig decline in Appalachia and a three-rig decline in All Other.
